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Fluxys and Enagás to buy Swedegas from EQT

Fluxys and Enagás have agreed to buy Swedegas, which owns and operates Sweden's high-pressure gas pipeline network, from the EQT Infrastructure fund

UK sells aviation fuel network to Spain's CLH

Spanish oil business CLH has acquired the UK’s GPSS (Government Pipeline and Storage System), the country’s largest oil distribution network, for £82 million ($122.1 million)

Bumi Armada yet to mandate on Madura FPSO

Bumi Armada is yet to mandate banks for the roughly $400 million in debt for its slated $1.2 billion Madura floating production, storage and offloading (FPSO) project in Indonesia despite approaching banks in November 2014

Vitol seeks World Bank support for OCTP offshore

Swiss-based commodities trader Vitol has approached three members of the World Bank group to support its investment in the Sankofa and Gye Nyame oil and gas fields offshore Ghana

Sempra plans another LNG project

Sempra has asked the Federal Energy Regulatory Commission (FERC) to begin pre-filing review of the Port Arthur Liquefaction Project in Port Arthur, Texas

UK government outlines oil industry support package

The UK’s new oil regulator, the Oil and Gas Authority (OGA) will have the power to fine oil and gas companies up to £1 million ($1.5 million), revoke licenses, and access company data

EBRD weighs up Spanish gas networks loan

The European Bank for Research and development (EBRD) is considering a €125 million ($132.8 million) loan to Spanish gas transmission business Redexis for a suite of new gas distribution project

Saudi Aramco and Sumitomo close on Petro Rabigh II

Saudi Aramco and Sumitomo Chemical Company have closed on the financing of the $8 billion Petro Rabigh II petrochemicals project in Saudi Arabia

Deep gas drilling could delay Bahrain LNG

Exploratory drilling to assess Bahrain’s deep gas reserves may delay a tender decision on the country’s planned liquefied natural gas (LNG) project

Tidal lagoon, oil producers winners in UK 2015 Budget

UK Chancellor George Osborne confirmed the government will enter negotiations with the sponsor of the £1 billion ($1.5 billion) 320MW Swansea Bay Tidal Lagoon project for a bespoke Contract for Difference

APA Group issues notes to fund QCLNG acquisition

APA Group has issued Eu1.35 billion ($1 billion) and £600 million ($889 million) fixed rate medium term notes to fund its acquisition of the Queensland Curtis LNG (QCLNG) pipeline

Egypt signs raft of new oil and gas contracts

Egyptian state-owned institutions have signed a host of contracts with international oil and gas companies to help improve domestic energy security

Costs for Tapi pipeline nearly finalised

The 1,800km Turkmenistan-Afghanistan-Pakistan-India (Tapi) natural gas pipeline’s estimated cost has reportedly nearly been finalised

Yinson signs Ghana FPSO debt

Yinson Holdings has signed on a $780 million term loan facility to fund a floating, production, storage and offloading (FPSO) project off the coast of Ghana

Vattenfall issues hybrid bonds

Swedish utility Vattenfall launched hybrid bonds of SKr6 billion ($692 million) and €1 billion ($1.7 billion) yesterday (12 March 2015) in order to refinance an existing €1 billion hybrid bond issued in 2005